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When you owe a friend money, do you pay them with cash or a check? Venmo, Square Cash, Google Wallet, PayPal and (soon) Facebook are chipping away at the last cash realm by allowing people to transfer money electronically to each other, known as peer-to-peer payments or P2P payments.
There are pros and cons to each of these apps, all of which run on iOS and Android. Click the link below for a look at them, how they work, what they cost, and whether sending cash payments through your phone is right for you.
Source: Sending Cash Payments Through Your Phone – DailyFinance
